Saved Exercise 1-20 Preparing an income statement for a company LO P2 Ford Motor Company, one of the world's largest automakers, reports the following income statement accounts for the year ended December 31 ($ in millions). Selling and administrative costs $ 12,196 Cost of sales 126,584 151,800 8,413 Revenues Other expenses Using the above information prepare Ford's income statement for the year ended December 31. (Enter your answers in millions.) FORD MOTOR COMPANY Income Statement For Year Ended December 31 Revenue Expenses Total expenses Net income